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Chapter 20 Homework i Saved Help Save & Exit Submit Check my work 3 Problem 20-5AA Merchandising: Preparation and analysis of purchases budgets LO P4 6 points Keggler's Supply is a merchandiser of three different products. The company's February 28 inventories are footwear, 20,500 units; sports equipment, 79,500 units; and apparel, 49,000 units. Management believes each of these inventories is too high. As a result, a new policy dictates that ending inventory in any month should equal 29% of the expected unit sales for the following month. Expected sales in units for March, April, May, and June follow. Skipped Footwear Sports equipment Apparel Budgeted Sales in Units March April May June 15,000 25,500 30,808 34,800 68,500 90,000 95,880 89,500 40,000 39,000 32,500 22,000 eBook Print Required: 1. Prepare a merchandise purchases budget (in units) for each product for each of the months of March, April, and May. KEGGLER'S SUPPLY Merchandise Purchases Budget For March, April, and May March April May FOOTWEAR Budgeted sales for next month Ratio of ending inventory to future sales Required units of available merchandise Budgeted purchases SPORTS EQUIPMENT Ridasta calao far navt Manth Chapter 20 Homework i Saved 3 For March, April, and May March April May FOOTWEAR 6 points Budgeted sales for next month Ratio of ending inventory to future sales Skipped Required units of available merchandise eBook Budgeted purchases SPORTS EQUIPMENT Budgeted sales for next month Print Ratio of ending inventory to future sales Required units of available merchandise Budgeted purchases APPAREL Budgeted sales for next month Ratio of ending inventory to future sales Required units of available merchandise Budgeted purchases